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>> UNITED NATIONS Latest News

3 HOURS AGO - Zero Hedge

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China Makes It Official, Launches The Bank That Humiliated Washington

In March, China was “handed a propaganda coup” (to use WSJ’s words), when the UK decided, in the face of loud protestations from Washington, to support Beijing’s efforts to launch a new development bank aimed at filling the gaps left by traditional post-war multilateral institutions such as the IMF and the ADB. The US claims it has concerns about governance ...

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JUN 28, 2015 - Zero Hedge

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Keynes, The Great Depression And The Coming Great Default

Submitted by Gary North via Gary North's Specific Answers, Ideas have consequences, but not in a social vacuum. There are no social vacuums. Ideas that are held by a minority of fringe academics or polemicists sometimes become the foundations of victorious social movements after existing social institutions are undermined by a social crisis. OPTIMISM AND SOCIAL REVOLUTION There seems to ...

Tags: Keynes, The Great Depression And The Coming Great Default,  United Nations Latest News

JUN 28, 2015 - Philadelphia Inquirer

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Pacific trade pact would link U.S. to fastest-growing economies

Despite much political wrangling, a trade deal among the United States and many Pacific Rim nations now appears likely. Congress last week gave President Obama the authority he needs to negotiate a good deal. Good thing.

Tags: Pacific trade pact would link U.S. to fastest-growing economies,  United Nations Latest News

JUN 27, 2015 - Zero Hedge

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America Is Its Own Worst Enemy - Trapped In Irrational Exuberance

Submitted by Paul Farrell via MarketWatch.com, Yes, the clock’s ticking louder, louder, warns the Economist, “only a matter of time before the next recession strikes.” Unfortunately, the “rich world is not ready.” America’s not prepared. You are not ready. Get it? America’s 95 million investors are at huge risk. Remember the $10 trillion losses in the crash and recession of ...

Tags: America Is Its Own Worst Enemy - Trapped In Irrational Exuberance,  United Nations Latest News

JUN 27, 2015 - Business Insider

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China-backed AIIB to take concrete shape at founders meeting

By Brenda Goh and Koh Gui QingSHANGHAI/BEIJING (Reuters) - One of China's biggest ever foreign policy successes will take concrete shape on Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing.The founding members of the China-backed AIIB will sign articles of agreement that decide each member's share and the bank's initial ...

Tags: China-backed AIIB to take concrete shape at founders meeting,  United Nations Latest News